Martello Technologies Group Inc V.MTLO

Alternate Symbol(s): DRKOF

Technology Information Technology Services

Martello Technologies Group Inc. is a technology company, which provides digital experience monitoring (DEM) solutions to optimize the modern workplace. The Company's segments include Modern Workplace Optimization and Mitel. The Modern Workplace Optimization segment includes Vantage DX and Legacy Software Products. Mitel includes the Mitel Performance Analytics (MPA) product, software which is developed by it and sold by Mitel to its channel partners and enterprise customers to monitor and manage the performance of Mitel unified communications solutions. e Vantage DX provides Microsoft 365 and Microsoft Teams end user experience monitoring and optimization. It develops software that monitors and optimizes the user’s experience of enterprise cloud communications and collaboration systems to help IT teams. Its Legacy Software Products, which include Gizmo, iQ, LiveMaps and Domino. It operates in Canada, the United States and Europe, the Middle East and Africa (EMEA).

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Martello Technologies Group Inc > New Press Release - Martello Announces CAD$1.5M Private Placement

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Comment by Mostlyseriouson Mar 20, 2024 3:30pm

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Post# 35943473

RE:RE:RE:RE:RE:RE:New Press Release - Martello Announces CAD$1.5M Private Placement

The company is doing so poorly that if TM was not funding it, it would fold and we would be left with nothing anyways, not that 1.5 pennies in absolute terms is much more than nothing.

My understanding is that the Mitel business was profitable. Think about how many $10s of millions of dollars they have burnt to ruin that. Now that takes some real skill.

i just think TM should be getting shares for his private placement at 10 cents going forward. Maybe a little bit more motivation to start producing some decent results faster.

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